Click on the questions below for more information. When I pay off a past-due account, such as a charge off or a collection account, will that repair my credit?
Many people planning to be married take time to reexamine financial priorities, set a new budget, and establish savings or debt reduction goals.
In much the same way that a resume displays your work experience to a prospective employer, a credit report provides prospective creditors (and in some cases employers and insurers too) with a detailed picture of your credit history. And like a resume, your credit report can influence whether you will…
Very few things in life can have a more devastating effect on your lifestyle than a poor credit score. A low credit score can cost you hundreds or even thousands of dollars per month.
To better understand what legal credit repair is, it would be helpful to understand a few types of illegal credit repair:
The Fair Credit Reporting Act gives you the right to dispute any and all items on your credit reports that you feel classify as inaccurate, unverifiable, or misleading. If the bureaus can not verify that the information on your reports is indeed correct, then those items must be deleted.
Below is a summary of the FCRA. The full Act can be obtained directly from the Federal Trade Commission’s web site here. Fair Credit Reporting Act (Summary) Public Law 91-508 The Fair Credit Reporting Act (FCRA) allows a consumer to challenge the information on his credit report on the basis…
Many consumers have the mistaken idea that credit bureaus are federally supported organizations backed by a vast array of laws meant to protect creditors. Nothing could be further from the truth.
Whenever you apply for any type of credit or financing, a credit report is pulled from at least one of the three major credit bureaus.
Click on the questions below for more information. Why is it so common to hear that bad credit can’t be repaired?